Lucky Block Price Prediction- March 9
LBLOCKUSD is very likely to continue growing as we are seeing a bullish correction in place. The coin gave a bullish breakout from the $0.0001577 level, suggesting buyers are making a recovery attempt. Thus, if the crypto’s price sustains above the $0.0002070 high level, the potential rally could surge higher to hit the $0.02000 supply level and beyond.
Resistance levels: $0.0002300, $0.0002400, $0.0002500
Support levels: $0.0001500, $0.0001400, $0.0001300
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
The LBLOCKUSD pair is in a bullish market zone in its higher time frame as can be seen from the above chart. The price is currently recovering and trades slightly above the two EMAs; this is an indication of an uptrend. The bullish reversal at the $0.0001529 high value in the previous action has sustained the crypto above the trend line.
The Lucky Block price has moved up to a $0.0001568 supply level above the moving averages as a pullback from buyers as the 4-hourly chart resumes today. This is a result of more concerns from the buy investors.
Therefore should the bulls increase their swagger in the market, the price is poised to pump up above the key resistance levels around $0.0002070.
Also, the momentum indicator which is pointing up indicates that the price of LBLOCKUSD is in an uptrend and may possibly remain in that direction to hit the $0.02000 supply level and beyond soon in the higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)The LBLOCKUSD pair remains in an uptrend in its medium-term perspective. The emergence of the buy traders has made the market prices sustained above the supply trend line.
Earlier today, the price of Lucky Block faced resistance at the $0.0001568 level above the EMA-50 means that the bulls are coming stronger and we can be assured of more upsides for a potential buy soon.
In addition, we will now be looking at the continuity of the bullish run as the price projector points upwards, indicating an uphill momentum. From the look of things, the crypto will possibly keep growing and the $0.02000 supply value might be the target in the days ahead in its medium-term outlook.
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